Fresh Today

Fresh Today

RALEIGH, N.C.—In its approval of First Citizens BancShares acquisition of Entegra Financial Corp. and its subsidiary Entegra Bank, the Federal Reserve Board found that in several North Carolina banking markets credit unions exerted competitive influences mitigating the anti-competitive effects of the merger, one analyst is asserting.

PARCHMENT, Mich.–Two Michigan credit unions have announced merger plans. The $30.3-million Riverview Community Credit Union in St. Clair has announced plans to merge into Advia Credit Union pending a vote next month by its members.